Report
Adrian Atkins
EUR 101.80 For Business Accounts Only

Transurban's high-quality core motorways have carved a wide economic moat.

Wide moat-rated Transurban Group will extend its U.S. toll road, 95 Express Lanes, 10 miles to the south after reaching agreement with the Virginia Department of Transportation, or VDOT. The project looks attractive, but is too small to budge our AUD 11.50 fair value estimate. At current prices, the stock is marginally overvalued. The great bond bull market, which drove security prices for bond-like equities higher, is likely over as global central banks increasingly reduce stimulus. Transurban ...
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Morningstar
Morningstar

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Adrian Atkins

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